2. While some apps require manual entry of expenses, others automatically take data from linked bank and credit card account statements.
3. The apps help categorise spending to help understand purchasing habits and generate expense reports.
4. There are various apps available with different options and cost structures like free and chargeable.
5. ETMoney, Qykly, mTrakr, Chillr, intuitmint, Goodbudget are some of the apps available for iOS and Android.
(Content on this page is courtesy Centre for Investment Education and Learning (CIEL). Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.)